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About the Listing 2983 - 023762
Investment opportunity in rural Newport! Whether you're looking to offset your mortgage by living in one unit while renting the other or expand your investment portfolio, this well-maintained duplex is an excellent opportunity. This well-maintained duplex offers two spacious units, each featuring 2 bedrooms and 1 bathroom. Both units are currently rented, providing immediate income potential for investors or those looking to expand their portfolio. The current owner covers heat and internet; however, because each unit has its own separate heating system, heat could easily become a tenant-paid expense, improving your return on investment. Situated in a peaceful country setting, this property offers the perfect balance of privacy and convenience with easy access to the interstate for commuting and travel. The generous acreage and ample road frontage provide the potential for future development, including the possibility of adding another home (subject to local approval). Whether you're seeking a turnkey investment or a property with room for growth, this Newport duplex is worth a closer look. All appliances, including washer and dryers, are included!
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Heat Pump
- Heating: Oil,Baseboard,Heat Pump,Hot Water
- Fireplaces:
- Floor: Tile,Vinyl
- Above Ground Sq Ft: 1440
- Below Ground Sq Ft: 0
- Basement: Exterior Entry,Dirt Floor
- Other: 1st Floor Bedroom,One-Floor Living
- Water: Well
Exterior Details
- Lot Description: Near Turnpike/Interstate,Near Town,Rural,Level,Wooded
- Garage Capacity: N/A
- Zoning: Rural
- Roof: Shingle
- Others:
- Sewer: Septic Tank
- Parking Features: Paved,1 - 4 Spaces,Off Street
Financial Details
- Tax Amount: $3,440
- Taxes w/Assessments: N/A
- Tax/Property ID: NEPT-000003-000000-000027
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
48 Palmer Rd Newport, ME 04953
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